China’s Penglai Jinglu selling rare ultramax newbuilding slots
Around eight shipping companies are vying for the two 63,500-dwt bulker newbuildings
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February 2022
Owners lured back into scrap market as ‘show-stopping’ prices keep rising
Bangladesh takes two tankers and an LPG carrier as levels edge closer to $700 per ldt
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Alternative fuels to make up just 1% of fuel mix by 2030
Maritime has made big strides in recent years but has far to go if it is to get ‘remotely close’…
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Tanker Market Looks for More Balance Down The Line
The tanker market’s balance of demand and supply could be headed towards a more sustainable future down the line. In its latest weekly report, shipbroker Allied said that “the tanker market has been in a state of despair since the pandemic brought an a…
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Decarbonization of shipping – emerging alternative fuels from a US perspective
While the impact of COVID-19 on seafarers and port congestion have grabbed headlines over the past year, no single issue has dominated the maritime industry press more than decarbonization as climate change represents the greatest challenge of this cen…
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